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National Bank Notes > North Dakota

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Mandan, First NB, W2585
Fr. 490 $10 1882BB
Grade: PMG Fine 12    

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This was an early Territorial bank, chartered in 1881, but there are no known examples of the 2,800 sheets printed. There are two important $5 First Charters known from this bank with a great Indian name. This note is the only Brown Back known from the 695 Brown Back sheets printed. The bank printed a total of 5,068 sheets of large size statehood notes. Excellent pen signatures of H.R. Lyon, President and C.L. Timmerman, Cashier. Charles L. Timmerman was born in Germany and came to the United States when he was fourteen years of age, staying in Baltimore until coming to North Dakota in 1883. He began life in the new country in a clerical capacity. He was, by turns: clerk, school teacher, justice and ranchman. He was paymaster of the Northern Paci c Coal company at Timberline, 1886-8 and started a store at Sims in 1889. He was president of the Hanover Creamery company, the rst creamery established in Oliver county, and president of the Blue Grass Creamery company, the rst creamery in Morton county outside of New Salem. He opened and managed several banks in the area and was president of the following banks: Oliver County State Bank, State Bank of New Salem, Hebron State Bank; and vice president of the First State Bank of Almont, Richardton State Bank and the Flasher State Bank, and vice president of First National Bank of Mandan. Mandan, in the Bismarck metro area, is the county seat of Morton County. The population was 18,331 at the 2010 census, making Mandan the sixth largest city in the state. Mandan was founded in 1879 and became the county seat in 1881, the same year it was organized as a village. The first permanent settlers were here in 1872, and it was known as Morton and Lincoln before officially becoming Mandan, for the Indian tribe of that name, on December 14, 1878. Mandan is derived from Mantahni, or 'people of the river bank'. Postmaster Arthur Linn adopted the new name March 3, 1879, but on March 11, 1879 new Postmaster Andre Thompson changed the name to Cushman. The Mandan name was restored September 26, 1879 by popular demand. It is a major railroad center, and is the home of the State Industrial School. Nearby Fort Clark was founded as an American Fur Company trading post in 1831. Located on the west bank of the Missouri River and north of present-day Mandan, the post was named to honor General William Clark (of the Lewis and Clark Expedition).

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